RBA announcement due at 0330GMT (coming right up!) – here’s what’s gonna happen

OK, here’s what’s gonna happen:

The first post following the announcement will be: RBA – announces NO CHANGE to the cash rate target

(I’ll eat my hat if there’s a change).

You can safely ignore that post.

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The NEXT post, which will follow ASAP, will contain a summary of the main points from the accompanying statement, and a link to the full text. This is where its gonna get interesting. There’s a preview here.